Models for Dynamic Macroeconomics
Normal Price: $163.95
Your Price: $147.56 AUD, inc. GST
Shipping: $7.95 per order
You Save: $16.39! (10% off normal price)
Plus...earn $7.38 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Models for Dynamic Macroeconomics by Fabio-Cesare Bagliano
Book DescriptionDynamic Approaches to Macroeconomics provides the advanced student with key methodological tools for the dynamic analysis of a core selection of macroeconomic phenomena, including consumption and investment choices, employment and unemployment outcomes, and economic growth. The technical treatment of these tools will enable the student to handle current journal literature, while not assuming any particular familiarity with advanced analytical tools or mathematical notions. As these tools are introduced, they are related to particular applications to illustrate their use. Chapters are linked by various formal and substantive threads. Discrete-time optimization under uncertainty, introduced in Chapter 1, is motivated and discussed by applications to consumption theory, with particular attention to empirical implementation. Chapter 2 focuses on continuous-time optimization techniques, and discusses the relevant insights in the context of partial-equilibrium investment models. Chapter 3 revisits many of the previous chapters' formal derivations with applications to dynamic labour demand, in comparison to optimal investment models, and characterizes labor market equilibrium when not only individual firms' labor demand, but also individual labor supply by workers, is subject to adjustment costs. Chapter 4 proposes broader applications of methods introduced in the previous chapters and studies continuous-time equilibrium dynamics of representative agent economies, featuring both consumption and investment choices, with applications to long-run growth frameworks of analysis. Chapter 5 illustrates the role of decentralized trading in determining aggregate equilibria, and characterizes aggregate labor market dynamics in the presence of frictional unemployment. Chapters 4 and 5 pay particular attention to strategic interactions and externalities: even when each agent correctly solves his or her individual dynamic problem, modern microfounded macroeconomic models recognize that macroeconomic equilibrium need not have unambiguously desirable properties. By bridging the gap between undergraduate economics and modern microfounded macroeconomic research, this book will be of interest to graduate students in economics, and as a technical reference for economic researchers.
Buy Models for Dynamic Macroeconomics book by Fabio-Cesare Bagliano from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780199266821
(241mm x 161mm x 20mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 5-Feb-2004
Country of Publication: United Kingdom
Books By Author Fabio-Cesare Bagliano
Models for Dynamic Macroeconomics, Paperback (November 2007)» View all books by Fabio-Cesare Bagliano
Now available in paperback, this excellent book, written by two leaders in the field, provides a rigorous introduction to modern dynamic macroeconomics. The text layout has been updated to make the book more user-friendly and each chapter benefits from the inclusion of a number of exercises and solutions, as well as suggested further reading.
» Have you read this book? We'd like to know what you think about it - write a review about Models for Dynamic Macroeconomics book by Fabio-Cesare Bagliano and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Fabio-Cesare Bagliano
Giuseppe Bertola is currently Professor of Economic Policy in the Faculty of Political Science, University of Turin. He has previously held other teaching positions in Turin and visiting positions in various places, including Assistant Professor and Assistant Director of the International Finance Section, Princeton University. He is a Managing Editor of Economic Policy and Condirettore of Giornale degli Economisti e Annali di Economia. His work is published in the Review of Economic Studies, American Economic Review, the European Economic Review, and other academic journals and books.
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2017. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.